Owlto Finance Bridges Solana, 20+ Blockchains

Owlto Finance has integrated with the Solana network, allowing users to transfer funds between Solana and over 20 other blockchains.

Owlto Finance, the cross-chain interoperability protocol, has announced its integration with the Solana network, paving the way for users to send and receive funds between the Solana network and more than 20 other blockchains that are available through the Owlto platform. Owlto Finance has also enabled the Solana CCTP function, so users can now transfer native USDC tokens on the Solana network.

Their customers can bridge their assets by selecting USDC from the token list, then going to the “To” section to choose their Solana wallet. Users should link an EVM wallet if they feel the need to. Once they have connected, users can start bridging Solana and the EVM network. It’s worth noting that Solana network interactions could take up to a minute to finish.

In addition, the announcement and launch of the Owlto Solana Bridger NFT by Owlto Finance occurred simultaneously. Direct airdrops of non-fungible tokens (NFTs) are available to holders of WIF, BOME, and Solana Mobile 2. By participating in Solana cross-chain activities on the Owlto Finance platform, users can also gain qualifications to cast NFTs. Furthermore, new users with Solana addresses will receive an extra activation bonus.

After 10 months, Owlto Finance has surpassed 1.5 million registered addresses, solidifying its position as the leading cross-rollup module on Ethereum Layer 2

Owlto Finance, a cross-rollup module, was developed using Ethereum’s Layer 2 rollup method. In response to the scalability and transaction cost issues plaguing the Ethereum mainnet, the platform excels in performance, security, UI, and scalability. Ensuring user friendliness and compatibility, it offers reliable, cost-effective, and high-performance transaction processing. Owlto Finance is well-suited for use in many areas of decentralized finance (DeFi), including NFT markets, DEX, cross-chain asset transfers, gaming, and the metaverse, because of its characteristics.

Owlto Finance currently facilitates the easy transfer of assets between multiple networks, such as Optimism, StarkNet, zkSync, Arbitrum Nova, Ethereum, StarkNet, and StarkNet.

Over the past 10 months, the platform has seen significant development, with a monthly growth rate of over 70% and a total address count topping 1.5 million. In March, the project merged several blockchains. These included the Ethereum ecosystem’s Frax Finance, Astar Network, zkLink Nova, and Injective EVM, and the Bitcoin ecosystem’s Merlin Chain and BEVM.